China's largest search engine, Baidu, said on Tuesday its net profit for the third quarter increased by 59.8 percent year over year on continued growth from advertising customers and improvements made to draw revenue from its online ad services.
Tech stocks were flat Friday afternoon after earnings announcements from IT vendors this week and a government economic report offered glimpses of good news, but not enough to dispel the pall that hangs over the technology market.
Amazon.com made a net loss in the third quarter, its first loss in nine years, even as revenue increased by 27 percent year on year.
Apple sold 27 million iPhones and 14 million iPads in the last quarter of 2012, swelling its revenue by 27 per cent, but its profits fell short of what analysts had been expecting.
Sprint Nextel's deployment of its ambitious Network Vision infrastructure, which includes the gradual rollout of 4G LTE technology, is about three months behind schedule due to several factors, the company said during its financial results call on Th...
Taiwan Semiconductor Manufacturing Co. (TSMC) reported third-quarter net profit was up by 62 percent year-over-year, with the company's revenue beating its original estimate as a result of strong demand for mobile chips.
Nintendo said Thursday pre-order sales of its new Wii U console are strong and the game is likely to have shortages this holiday season after its launch.
AT&T reported revenue of US $31.5 billion for the third quarter of this year, flat compared to the third quarter of 2011, while net income was up slightly to $3.6 billion.
Nintendo said Wednesday it aims to sell 5.5 million Wii U consoles globally by March of next year, predicting a strong holiday launch for the new flagship game console that will be on par with that of the original Wii six years ago.
SAP reported Wednesday double-digit revenue growth in the third quarter, benefiting from a strong performance in the Americas and double-digit growth in the Asia-Pacific and Japan region, and high demand for its new technologies like HANA across all ...
Facebook, under extreme pressure to cheer up its disappointed investors, posted revenue growth of more than 30 percent in its third quarter on Tuesday, and beat Wall Street expectations, but also recorded a loss.
Marissa Mayer, participating in her first Yahoo earnings conference call since becoming CEO, outlined a broad range of areas in which the company needs to improve.
Yahoo's revenue dropped slightly but earnings rose during the third quarter, the first complete one under the helm of new CEO Marissa Mayer.
Taiwanese PC maker Acer reported a small profit in the third quarter, after a larger loss a year earlier. However, revenue decreased as the company transitions to selling new PCs running Microsoft's new Windows 8 operating system, it said Monday.
Some of the biggest names in tech reported quarterly earnings this week, and the resulting picture is not pretty. The main culprit for the weak earnings reported this week is a slump in the PC market, but uncertainty about the global economy is weigh...
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.